Evaluation of the economic costs associated to the neet youth in Brazil

Vol. 40 No. 1 (2020)

Jan-Mar / 2020
Published January 1, 2020
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Rimekká Shirasu, Maitê, and Ronaldo de Albuquerque e Arraes. 2020. “Evaluation of the Economic Costs Associated to the Neet Youth in Brazil”. Brazilian Journal of Political Economy 40 (1):161-82. https://doi.org/10.1590/0101-35172020-2902.

Evaluation of the economic costs associated to the neet youth in Brazil

Maitê Rimekká Shirasu
Economista do quadro da Universidade Federal do Ceará - UFC.
Ronaldo de Albuquerque e Arraes
Professor do Programa de Pós-Graduação em Economia e do Programa de Economia Profissional da Universidade Federal do Ceará - UFC
Brazilian Journal of Political Economy, Vol. 40 No. 1 (2020), Jan-Mar / 2020, Pages 161-182

Abstract

The existence of millions of youths remain in the NEET status brings severe implications for the society and for the economy. Thus, this paperfocuseson the main costs associated with the neet youthidleness through thePropensity Score Matching. The results reveal that the neetyouths accounted for a cost of 0.6% of the GDP in 2015. Considering this significant annual cost and the increasing amount of neet youths in the last years, there is to be claimed for policies that hinder such a growing path in order to avoid severe economic and social losses in the longrun. 

JEL Classification: E24; I28; J17; J18; C54.


Keywords: Neet youth economic costs policy evaluation